Munich, Germany – In its meeting on October 25, 2013, the Supervisory Board of Giesecke & Devrient reached a number of decisions about new appointments to the company’s Management Board.
Under Dr. Walter Schlebusch, who took over as CEO and Chairman of the Management Board on June 1, 2013, leadership of G&D’s two largest business units will be transferred to new Board members as of December 1, 2013. The CEO himself has been in charge of the Banknote business unit on an interim basis since June, and will hand over this role to Ralf Wintergerst (51). At the same time, Stefan Auerbach (50) will take over leadership of the Mobile Security business unit from Michael Kuemmerle (44), who has decided to leave the company. The Government Solutions business unit will remain under the leadership of Hans Wolfgang Kunz, who has been part of G&D’s Management Board since 1996. Dr. Peter Zattler, a Management Board member since 2001, will continue as Chief Financial Officer and Director of Labor Relations.
Mr. Wintergerst, who will be responsible for the Banknote business unit, has held various management positions at Giesecke & Devrient since 1998 and been Head of the company’s Banknote Processing division since 2006. The future Head of Mobile Security, Mr. Auerbach, has accumulated many years of experience in the IT sector, most recently as a member of the Board of Directors at Wincor Nixdorf. According to Dr. Peter-Alexander Wacker, Chairman of G&D’s Supervisory Board: “Both of these new appointments set a positive course for the company’s future.”
Michael Kuemmerle, who began his career at Giesecke & Devrient in 2000 and has been Head of the Mobile Security business unit since July 1, 2006, is leaving the company by his own choice. Dr. Wacker concludes: “The Supervisory Board very much regrets Mr. Kuemmerle’s decision but understands that he would now like to open a new chapter and pursue his personal plans. On behalf of all Supervisory Board members, I would like to thank him for his outstanding contribution.”
